About: josephine
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Euro Slips on Weaker PMIs and Potential ECB Rate Cuts
The euro dropped on weak PMI data in Germany and France, raising expectations of ECB rate cuts. Investors now foresee 44 basis points in reductions by year-end. -vtmarkets.com
Written on August 15, 2026 at 11:25 am
Categories: Today's Analysis
Gold steady at record levels on central bank moves
Gold prices hold steady near record levels as central bank policies support its safe-haven appeal. Learn how these factors shape market dynamics. -vtmarkets.com
Written on August 15, 2026 at 11:24 am
Categories: Today's Analysis
Oil prices on track to finish the week higher following US rate cut
Brent futures, which were trading down 26 cents or 0.4% at $73.62 a barrel early on Friday, have still gained 4.3% over the week. Similarly, US WTI crude, slightly down by 0.2% at $71.80, registered a 4.8% rise for the week. -vtmarkets.com
Written on August 15, 2026 at 11:24 am
Categories: Today's Analysis
The Chinese yuan strengthens to a 16-month high on Fed rate cut
The Chinese yuan surges to a 16-month high as traders bet on stimulus from Beijing, following the recent rate cut by the U.S Federal Reserve. Explore the latest market movements and trader outlook. -vtmarkets.com
Written on August 15, 2026 at 11:24 am
Categories: Today's Analysis
Japan’s Nikkei posts best week since mid-August, but yen strength caps gains
The Nikkei index surged by as much as 2.21% during early trading on Friday before paring gains later in the day, closing 1.53% higher at 37,723.91. This marks its best weekly performance in over a month, with a weekly rise of 1.57%. -vtmarkets.com
Written on August 15, 2026 at 11:24 am
Categories: Today's Analysis
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